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Minera IRL Makes Changes to Senior Management

Published: December 15, 2016 |

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Minera IRL Limited has appointed Diego Benavides as director and chief executive officer, Michael Iannacone as independent director, Gerardo Perez as independent chairman and Carlos Ruiz de Castilla as chief financial officer.

Diego Benavides is a founding executive of Minera IRL and has been working full-time with the company since its incorporation 15 years ago. He is a lawyer by training with a Masters degree in corporate leadership and business administration and with extensive experience in the Latin American mining industry and community relations. Prior to this appointment Benavides held positions of director and general manager while incorporating several mining subsidiaries into Peru during the 1990’s. Amongst these companies were Minera Newcrest Peru SA, Minera Mount Isa Peru SA and RGC Mining Exploration. Diego Benavides is one of the pioneers in Peruvian social conflict management, having applied innovative measures including share participation partnerships and other formulas to ensure that local communities benefit from mining activities in their areas. As a result Benavides was appointed an honorary member of the Community of Ollachea in 2007, a unique privilege.

Michael Iannacone has been the chief financial officer of Adventus Realty Services Inc, a significant and well capitalized Canadian Real Estate Investment Trust, since March 2013. Prior to that he was CFO of various companies listed on the Toronto Stock Exchange, TSX Ventures Exchange and the AIM London Stock Exchange. Iannacone has extensive experience advising companies in the industrial and resource sectors. Michael Iannacone is a former director of the largest marine bunkering company in the Vancouver Harbour and is also currently a director of a TSX Venture Exchange listed company. He qualified as a chartered accountant in 1980 while working with Coopers & Lybrand (a predecessor firm to PwC) for more than six years.

Gerardo Perez, independent chairman, was appointed director earlier this year, and has subsequently been elected by shareholders in the recent annual general meeting of the company. Perez is a lawyer and a partner in the firm of Barrios Fuentes in Lima, Peru, his areas of expertise include administrative law, regulation, infrastructure and concessions and a wealth of management experience.

“I am delighted that Diego Benavides has agreed to join Minera IRL’s Board of Directors and to assume the role of CEO. Diego brings with him a wealth of executive experience in Latin America supplemented by community relations and corporate skills which will contribute greatly to the execution of Minera IRL’s flagship gold project at Ollachea. Also, on behalf of the board we are delighted to welcome Michael Iannacone to Minera IRL and look forward to working with him. Michael will contribute important financial and capital market skills to Minera IRL which will be positive for the development of the company,” said Gerardo Perez, independent chairman of Minera IRL.


About Minera IRL
Minera IRL is a Latin American precious metals mining, mine development and mineral exploration company, focused primarily on gold. The company is lead by a tightly knit team of experienced mining executives, engineers and geologists.

To stop by Minera IRL’s website, CLICK HERE


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